Gary Siegel

The Treasury Department said it will auction $32 billion three-year notes on Tuesday, June 12.

The Treasury Department said it will auction $21 billion 9-year, 11-month notes on Wednesday, June 13.

The Treasury Department said it will auction $13 billion 29-year, 11-month notes on Thursday, June 14.

The Treasury Department said Thursday it will auction $30 billion 91-day bills and $27 billion 182-day discount bills Monday.

Participants see GDP growing slightly more than they did six months ago, predicting 2.2% growth through the second quarter of this year and 2.6% in the second half of the year, each 0.1-percentage point better than the previous survey, according to the June Livingston Survey, released by the Federal Reserve Bank of Philadelphia Thursday.

The European strife “poses significant risks” to our country and the Fed is watching and is ready to act if needed, Federal Reserve Board Chairman Ben Bernanke testified to Congress Thursday.

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Wednesday.

Economic activity expanded moderately at most Federal Reserve districts from early April to late May, with only Philadelphia reporting a slowing, according to the Beige Book released on Wednesday.

Monetary policy must remain highly accommodative, and the Fed must be ready “to do even more if needed,” Federal Reserve Bank of San Francisco President John Williams said Wednesday.

Newly issued Treasury securities held in stripped form decreased about $1.204 billion in May to a total of $196.396 billion, the Bureau of the Public Debt reported Wednesday.

Economic activity expanded moderately at most Federal Reserve Districts from early April to late May, with only Philadelphia reporting a slowing, according to the Beige Book, released Wednesday.

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Wednesday.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

The U.S. services sector expanded at a slightly faster pace in May as the non-manufacturing business activity composite index was 53.7 in the month, compared to 53.5 in April, on a seasonally adjusted basis, the Institute for Supply Management reported Tuesday.

Despite signals of a “global slowdown,” and mixed economic data in the United States, the Federal Reserve should continue its “wait-and-see” approach to monetary policy, Federal Reserve Bank of St. Louis president James Bullard said Tuesday.

Not only wouldn’t further monetary policy accommodation help the economy, it would make the Federal Reserve complicit with the federal government’s “mischief,” Federal Reserve Bank of Dallas president Richard W. Fisher said Tuesday.

Despite signals of a “global slowdown,” and mixed economic data in the U.S., the Federal Reserve should continue its “wait-and-see” approach to monetary policy, Federal Reserve Bank of St. Louis President James Bullard said Tuesday.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

The U.S. services sector expanded at a slightly faster pace in May as the non-manufacturing business activity composite index was 53.7 in the month, compared to 53.5 in April, on a seasonally adjusted basis, the Institute for Supply Management reported Tuesday.

Not only wouldn’t further monetary policy accommodation help the economy, it would make the Federal Reserve complicit with the federal government’s “mischief,” Federal Reserve Bank of Dallas President and CEO Richard W. Fisher said Tuesday.